One of the best small boutique Mortgage Brokers in California! Client always comes first! CA DRE Lic. No. 01458657

Friday, May 07, 2010

Crazy Day of Trading

Yesterday, if you aren't aware of how volatile the market was, a big error occurred. Someone pushed the wrong button on a sell order and the market just went haywire. The fixed it, but boy, what a ride. Today, we are currently down 3 basis points for the day, but were much higher this morning. There was an alert to lock today, however, if you aren't closing escrow in the next to weeks or so, floating may prove to be the best option.

About Me

Jeff graduated from California State University, Northridge. He obtained a BS Degree in Business Administration in 1991. During and after college, he worked at Bank of America as a Preferred Banking Officer and then, in 1993, joined Automatic Data Processing, Inc. as a District Manager until 1998. While working for ADP, he applied for his real estate license and began working part-time as a loan officer for a mortgage company in Simi Valley. This is where he found his niche in business and a love for an industry that he still enjoys today. He opened his own mortgage company with a partner in 2002 and then branched off on his own in 2004 to open Southern Oaks Mortgage, Inc. (CA DRE Lic. No. 01458657)located in Valencia, CA. He is now a published Author with his new book, "Makers & Breakers: A Simple Guide to a Successful Mortgage Loan".